Agenda – Tuesday April 24, 2018 – Matthew Moran “Uses & Misuses of Volatility Tools” & Patrick Gelshenen “Debunking Some of Biggest Investment Myths”
[Follows Day-long panels and refreshments at ETP Forum at NYAC (50% Disccount for Our subscribers – see below)]
5:30- 6:10 Registration, Networking, and Refreshments
6:10 – 6:15 Chapter Business – Mike Carty, Chapter President
6:15 – 6:55 “Option-writing, VIX, Crypto, & Blockchain: Considerations for institutional investors”, Matt Moran, Head of Global Benchmark Indexes Advancement, Cboe Global Markets
Cboe introduced exchange-listed options in 1973, VIX futures in 2004, and bitcoin futures in 2017. Mr. Moran will address these topics:
• Is now a good time to consider option-writing?
• Has there been a volatility risk premium that can facilitate enhanced risk-adjusted returns for index options-selling strategies?
• Do put-selling strategies have more potential for big drawdowns?
• How have various strategies that use VIX futures, VIX options, and bitcoin performed?
• How are institutional investors using blockchain?
• What about topics such as liquidity and capacity of the options markets?
6:55 – 7:10 Refreshment and Networking Break
7:10 – 7:55 “Debunking Some of the Biggest Investment Myths”, Patrick Gelshenen, Executive Director, TOBAM North America
The investment management industry relies on foundations and pillars which strongly influence beliefs and decision making. While some are robust and strongly defined, others are either flawed or not well defined, which leads to misunderstandings. The presentation discusses some of these myths, misunderstandings and their consequences.
Venue: Bourbon Street Bar and Grill, 346 W 46th Street, between 8th and 9th Avenues, New York, NY 10036
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Matt Moran, Head of Global Benchmark Indexes Advancement, CBOE
Matthew Moran is Head of Global Benchmark Indexes Advancement for the Chicago Board Options Exchange (CBOE), where he is responsible for many of the exchange’s educational efforts for pension funds, mutual funds, and other institutional investors. Previously, he was trust counsel at Harris Bank and vice president at Chicago Mercantile Exchange. He is an associate editor of two Institutional Investor publications — The Journal of Trading and The Journal of Index Investing. Mr. Moran holds JD and MBA degrees from the University of Illinois
Patrick Gelshenen, Executive Director, TOBAM North America
Patrick Gelshenen, CPA, is an Executive Director at TOBAM North America. He has 20+ years of asset management experience, including Affiliated Managers Group, Wells Capital and Strong Capital Management. Early in his career, Gelshenen worked with asset managers as an accountant, prime broker and M&A advisor at EY, Goldman Sachs and Morgan Stanley, respectively. He has a B.A. in accounting from the University of Wisconsin-Madison.
Have fun with us at the Bourbon Street Grille on Restaurant Row!
Earlier the same day just 13 blocks north –
QWAFAFEW’ers and affiliates get an opportunity for a 50% Discount to the Expert Series 2018 ETP Forum
If you are among the first 15 to use this link, you imay attend the whole day Expert Series event that includes refreshments for just $49.50
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then follow the instructions. Here are the details:
April 24, 2018 – New York Athletic Club, 180 Central Park S, New York, NY 10019
With more than $2 Trillion in U.S. listed ETF assets, the demand from the Financial Advisor and Institutional communities continues to grow for what many hail as the premiere investment vehicle of the future. With ETFs providing access to markets formerly only available to select institutions, what’s the best way of positioning your portfolio for 2018? With oil near multi-year lows, equity markets near record highs, QE stimulus packages taking place around the world and U.S. interest rates expected to go higher, are we at an inflection point in various asset classes?
8:00-8:45 – Registration/Continental Breakfast
8:45-9:00 – Chairman’s Welcome
9:00-9:30 – Opening Keynote
9:35-10:25 – New-to-Market ETF Roundtable (sponsored by US Bancorp Fund Services)
This panel of successful Asset Managers will highlight their firm’s ETFs that have recently gone public and reflect some of the strategies that are currently most in demand by investors. Our expert panelists will bring you timely insights on their most cutting-edge investment strategies and discuss what drove their respective decisions to embrace the ETF structure.
10:25-10:45 – Morning Break
10:50-11:40 – Leaders in Wealth Management
This distinguished panel includes four Wealth Management leaders to help us explore the different approaches taken by each of these high achieving Financial Advisors to grow their respective practices. The discussion will include topics such as the Dynamics of a Team Approach vs. Individual Practitioners, optimizing the Client Acquisition process, Product and Process segmentation and specialization and the challenges in the age of the “RoboAdvisor” and the Client Acquisition of the Millennial as a trusted advisor……
11:45-12:35 – The Need to Differentiate Among Smart Beta Strategies
Smart Beta has become a “catch-all” category for many, very different strategies that need to be evaluated, analyzed, selected and managed on the merits, metrics and against the benchmarks that are relevant to their respective individual strategies. Our panel of experts will examine the trap that can be created by aggregating all these rules-based strategies into one general category as well as examine how PMs and Advisors are using these strategies within their portfolios. Our experts will also discuss the benefits and nuances of the different methodologies available.
12:35-1:30 – Luncheon & Networking Session
Sponsors Exhibit Hall
1:30-2:00 – ETF Global® Portfolio Challenge honoring the Fall 2017 Top 5 Winners
2:00-2:50 – Today’s Complex World of Investing for Yield
The fixed income markets have undergone a series of significant changes, re-defined the current role of bank trading desks, regulatory capital and the implementation of Dodd-Frank. In an environment of rising rates and volatile equities, credit has become an asset class of increasing interest both in terms of the yield potential and uncorrelated returns. In addition to “traditional” fixed income instruments, we will discuss more complex strategies, investment structures and their suitability within a managed portfolio.
2:55 – 3:10 Afternoon Break
3:15 – 4:05 – Artificial Intelligence in ETFs: A New Frontier?
Artificial Intelligence (AI) is computer science focusing on the development of intelligent machines that replicate the behavior of human beings. Artificial Intelligence ETFs potentially stand to benefit from increased adoption and utilization of artificial intelligence. Could artificial intelligence redefine the path of investing in the future? This cutting-edge panel will examine the application of AI and data science to the world of Exchange-Traded-Funds.
4:10 – 5:05 – Around the Globe: Best Opportunities for 2018
Today’s asset managers can increase their levels of success by gaining a thorough understanding of the macro environment from policy and economic cycle perspectives, particularly when combined with proper time horizons both domestically and internationally. Our experts will discuss relative sector performance and asset allocation methods as they examine where the best opportunities remain for this year, as well as, look ahead to 2018 to see where they may lie.
5:05-5:10 – Closing Remarks
5:10-6:10 – Networking Cocktail Reception
There will be a private reception for attendees immediately following the program.